BATM Advanced Communications (LON:BVC) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of BATM Advanced Communications Ltd. (LON:BVC) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 16.51 and traded as low as GBX 15. BATM Advanced Communications shares last traded at GBX 15.30, with a volume of 816,536 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of BATM Advanced Communications in a research note on Monday, November 17th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, BATM Advanced Communications currently has an average rating of “Buy”.

BATM Advanced Communications Trading Down 2.1%

The firm has a market cap of £66.84 million, a P/E ratio of -2.57 and a beta of 0.64. The stock has a 50 day moving average of GBX 16.41 and a 200 day moving average of GBX 16.51. The company has a debt-to-equity ratio of 9.10, a current ratio of 2.43 and a quick ratio of 1.69.

About BATM Advanced Communications

BATM Advanced Communications Ltd., together with its subsidiaries, engages in the development, production, and marketing of real-time technologies in Israel, the United States, and Europe. It operates through four segments: Cyber, Networking, Diagnostics, and Secondary. The Cyber segment provides integrated hardware and software solutions comprising cGate, a combined network encryption and security computing platform designed for governments, defense, and mission-critical networks; and cHSM, a hardware security module that provides security for sensitive data and applications by safeguarding and managing secrets, such as digital keys.